Summary - Flat B, 8, Ordnance Terrace ME4 6PT
1 bed 1 bath Flat
Minutes from high-speed rail and town centre, low running costs.
- Chain-free sale with new 150-year lease
- Ground-floor flat in period mid-terrace building
- Minutes from mainline high-speed station and town centre
- Modern fitted kitchen; high ceilings in main reception
- Estimated rental income up to £950pcm (investor appeal)
- Service charge approx £636 per year; no ground rent
- Very high local crime and high area deprivation
- Solid brick walls likely uninsulated; may need upgrading
This ground-floor conversion is offered chain-free with a brand new 150-year lease, ideal for a first-time buyer or investor seeking straightforward entry into Chatham. The flat has a modern fitted kitchen, decent ceiling heights from the period building, and a practical layout including a generous storage cupboard.
The location is the standout feature: a few minutes’ walk to the mainline high-speed station and the town centre, with excellent mobile and fast broadband — useful for commuters and tenants. The property is quoted with an estimated rent of up to £950pcm, and low annual service charges (circa £636) help running costs.
Buyers should be aware of material negatives: the local area records very high crime and high deprivation, which will affect resale and rental prospects. The building is a pre-1900 solid-brick mid-terrace and likely lacks wall insulation, so heating costs and potential improvement works should be factored in. Room sizes are average to small, and some internal decoration appears dated.
Overall, this is a pragmatic purchase for someone prioritising transport links and low entry costs. It suits first-time buyers wanting a manageable home near the station, or investors prepared to let immediately with minimal initial spend but who accept local area challenges and possible future refurbishment needs.
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